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Rare opportunity to own property in the heart of Lake City, one of Colorado's beloved historic mountain towns. Located on Silver Street, the town's main downtown thoroughfare, 324 Silver Street offers 2 bedrooms, 1 bath, and approximately 960 square feet of living space on a large lot. The property has been home to a successful title company for nearly 15 years and offers flexibility for residential, commercial, or live/work use. Excellent potential for a VRBO or other permitted short-term rental use. Recent improvements include new light wood-look LVT flooring throughout, quality interior and exterior paint, and a new HardieBoard front facade featuring Historic Society-approved architectural details around the windows, porches, and corbeled roofline. The covered entry and boardwalk have also been updated, with the boardwalk rebuilt from the ground up. The bathroom features a new vanity, fixtures, and lighting. The kitchen includes new appliances and opens to comfortable dining and living areas. An enclosed back porch provides additional flexible space. The property sits on approximately 5,000 square feet and includes a prime corner side lot with significant value and potential. The side lot may offer an opportunity to separate and sell, subject to applicable requirements, or explore potential development options such as a storefront or short-term rental. Buyer to verify all development, zoning, and permitted-use possibilities with the appropriate authorities. 324 Silver Street can be purchased with the property next door, 322 Silver Street, offering an exceptional opportunity to acquire additional property in downtown Lake City.
| LAST UPDATED | 9/17/2026 | TRACT | None |
|---|---|---|---|
| YEAR BUILT | 1991 | COMMUNITY | Lake City |
| COUNTY | Hinsdale | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Lake City K-12 |
|---|---|
| Jr. High School | Lake City K-12 |
| High School | Lake City K-12 |
| ADDITIONAL DETAILS | |
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Listed with HomeSmart Realty Partners
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
Real Estate listings held by companies other than JoAnn Laird Real Estate contain that company’s name.
Fair Housing DisclaimerThis data was last updated: 10/14/26 1:54 AM PDT
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